Gift Nifty was trading around 20,142 level, as compared to Nifty futures previous close of 20,143, indicating a flat start for the Indian benchmark indices.
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Lacklustre opening likely for markets ahead of RBI meet, results
April 05, 2021
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Stocks to watch out for today are Adani Enterprises, ITNL, PNC Infratech, Olectra Greentech, Ashiana Housing and ANG Lifesciences.
After a long weekend, Indian markets are expected to open on a flat note on Monday. While signals are mixed from Asian markets, SGX Nifty points a 40-point gap down opening. The SGX Nifty futures currently rule at 14,915 (8 am IST), as against Nifty futures Thursday s close of 14,953.35.
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Investors will closely monitor the outcome of the RBI meet and quarterly performance of India Inc, said analysts. The RBI s three-day meeting begins today, and the outcome is expected to be on April 7. Acuite Ratings believes that MPC, in its upcoming meeting, will continue to reaffirm the accommodative monetary policy despite the global increase in bond yields amidst concerns of a quicker than expected normalisation in the markets of developed economies.
always able to do it. that s the key. that should that should diminish any question of fear in the world, so between now and 3:00 if we can get our systems back up and running, disseminate information, you know. we go into resume mode. we re not going to do a pre-opening reopen which is how we open every day. we re just going to hit the floor running which means that stocks have been trading around us all day long. we re going to hop right on in there, and then we re going to have our closing bell. how is this floor going to look once trading does resume if it does resume this afternoon? there will be some scurry. people will be trying to you know we re trying to resume our relationships with our customers that over the last few hours they have obviously been busy doing other things so we ll convey information what the close looks like. you know there will be i don t think there s panic but there will be excitement and a little scurry. we ll just try to, you know catch up. th